Netherlands Startups Stall After Seed at 54.7%, Higher Than Spain’s 43.3%
- 54.7% of Dutch seed startups raised only one round versus 43.3% in Spain
- 51.2% of Dutch pre-seed startups stalled after their first round
- Spain’s pre-seed single-round share is slightly lower at 49.8%
Across the 2,432 startups Brouky tracks in Spain and the Netherlands whose first tracked round occurred at least two years ago, the share of companies that raised only one round shows notable differences in early-stage funding persistence. Note that these shares may be inflated because some second rounds Brouky did not capture would make a startup look stalled; the level is inflated but cross-country comparison is meaningful.
The Netherlands shows a higher single-round share at the seed stage, with 54.7% of seed startups raising only one round and not raising again, compared to 43.3% in Spain.
SINGLE-ROUND FUNDING SHARE BY STAGE AND COUNTRY (%)
At the pre-seed stage, the shares are closer but still distinct: 51.2% of Dutch pre-seed startups raised only once, slightly above 49.8% in Spain.
Overall, the total single-round share for startups starting at any early stage stands at 55% in the Netherlands and 48.8% in Spain. These figures reflect the proportion of startups tracked that did not raise subsequent rounds within the observed timeframe, acknowledging that some second rounds may be missing from the data.
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